DPSRich Posted January 30, 2017 Posted January 30, 2017 Hi: Wondering if any firms will take Participant's 20% Mandatory withholding amount and electronically transmit the payment in excess of $2,500 to the IRS. Thanks DPSRich
Bird Posted January 30, 2017 Posted January 30, 2017 Not sure what the significant of $2500 is but Penchecks will do everything for you, including the 1099. We use the EFTPS system here in our office to handle that. hr for me 1 Ed Snyder
RatherBeGolfing Posted January 30, 2017 Posted January 30, 2017 Under $2,500 (total for the year) can be filed with the 945. We also use EFTPS system in house. It is free and worth learning even for a small practice with the occasional deposit. hr for me 1
DPSRich Posted January 31, 2017 Author Posted January 31, 2017 Thank you both, very much appreciated. DPSRich
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